A few years ago, fresh graduates were usually instructed to specialize and focus on one field. While such advice has helped many, some people succeeded even with a diverse work experience. In this generation of young professionals, the number of so-called “career jumpers” are increasing, suggesting that most of these people are no longer anxious when it comes to switching jobs.
Given their lack of focus and expertise, why should employers consider applicants with diverse work experience? Here are some reasons:
These professionals have gained different skills.
An applicant with experience in retail and healthcare can help a management firm in another aspect of business compared to someone who has been working in the same field all his life. Despite lacking technical knowledge, the skills an applicant gained from other industries may help the company when it comes to drawing up new strategies or services. Bringing in new talent to work with experienced industry movers can produce better results. It can also expose the team to other approaches and processes that can be helpful in the long run.
They are also more willing to be trained.
The so-called “career jumpers” are aware that they are skilled in a lot of things but lack expertise. This makes them willing to be trained compared to those who have been working in the same industry for many years. Working in a new field makes them more attentive, helping them acquire new skills in a short span of time. When these professionals’ potentials are harnessed, they might decide to eventually focus all their energy and specialize in one field.
They approach matters with a wider perspective.
Hiring a person with a different set of skills and experience can provide more insights to a team. With the same training, a team is only exposed to the same methods and resources. Having a fresh talent in the mix can help others approach problems with a different perspective that they might not have conventionally learned.
When it comes to hiring applicants, it is also important to look at the work ethic and achievements. Combining these factors with a person’s skills will determine if they are ready to take on the job.
Edmund O’Brien is a certified public accountant and serves as the CEO of the Americas at Arvato Bertelsmann. He has previously held executive positions in Arvato partner Microsoft from 1999 to 2014. Follow this Twitter page for similar updates.
Working at a multinational corporation can be helpful for individuals who are striving to make a mark in their chosen careers. It helps them earn a decent salary, achieve work-play balance, and gain deeper industry knowledge. It also helps them become more competitive. There are many other reasons for joining multinational and multicultural companies such as the following:
Increased marketability to employers
The global workplace seeks global-minded individuals. With a lot of employers expanding their operations into new territories, work experience in a multinational and multicultural company is a plus for recruitment. Having international experience makes an individual more attractive to potential employers. Moreover, these candidates may be considered to head operations in overseas sites.
Exposure to different customs and cultures
A great thing about working for multicultural companies is experiencing different cultures and customs. Aside from interacting with workmates from all over the world, individuals will learn a lot about local history, language, work culture, religion, politics, and more. It opens one’s mind to different possibilities.
A chance to work with some of the brightest people
Who does not want to be smart? Individuals employed by multinational companies collaborate with some of the smartest people of their generation. Learning is constant in a multinational working environment.
Edmund O’Brien is a citizen of the world. Originally from Ireland, he is now a U.S. citizen who has worked with a lot of multinational organizations. Learn more about his professional work by visiting this LinkedIn page.
Decades ago, companies were particular about who runs their business. There’s always an in-house accountant or payroll staff, sales manager,or even an IT personnel.Even if the company does not specialize in accounting or IT,such processes,no matter how inefficient, are kept in-house.
But a few years ago, outsourcing has become a trend. Many big and small companies are outsourcing some of their major functions to efficient service providers. Outsourcing is the strategic use of resources (or workers) outside the company to perform tasks that previously handled by internal staff. Outsourcing has become routine part of operations in certain industries, and a lot of companies benefit from outsourcing their services. Here’s why companies choose to outsource.
Better industry focus
Companies can focus on their core businesses when they outsource. Many companies fail because their workers are distracted from improving main products and services by administrative tasks. By outsourcing services (e.g. IT, accounting, sales, recruitment), companies can leave the job to the specialists while they remain focused at work.
Outsourcing is cost-efficient because companies will only have to pay the service provider as they do work. Having in-house staff members can be expensive, as they will have to be paid even if there’s not much work to do.
Outsourcing agencies specialize in what they have to offer. They can can handle complicated services without disrupting the host company’s operations. Eddie O’Brien is a certified public accountant, currently serving as the CEO of the Americas at Arvato Bertelsmann. Visit this page to learn more about his professional work and other similar reads.
For decades, accountants relied on handwritten ledgers with computers slowly crawling in as a must-have in the office. With the advancement of technology, knowledge in software like QuickBooks and Excel are considered essential for accountants.
These days, many accountants have their ledgers and account records on the palm of their hands—specifically, in their ubiquitous mobile phones. Here are some mobile apps that are great for accountants and other finance professionals.
FreshBooks is a great way for accountants to make invoices, file taxes, organize expenses, and track receivables. Available for free on mobile for FreshBooks subscribers, it also allows clients to make fast payments via credit card, e-checks, and PayPal.
Mint may be tagged as a personal finance app, but it is also useful for small business accountants and entrepreneurs. Users can add bank accounts and credit cards, and the app will help automate recorded transactions through easy-to-read graphs.
QuickBooks now comes in a mobile edition. Just like its desktop version, it offers accounting tools to help users manage and track their finances. While it comes with a free 30-day trial, users who have active subscriptions to QuickBooks may get the app for free.
Eddie O’Brien, a certified public accountant, currently serves as the CEO of the Americas at Arvato Bertelsmann. Prior to that, he spent years working for Microsoft. Visit this blog for related updates.
When people know future challenges to expect, they usually feel some levels of confidence that they could thrive in whatever situation. When the time comes, these people with foresight know how to react.
The ability to infer future trends is also an important aspect of business. It’s quite tricky, but there is a method to it. Customer relationship management (CRM) allows a high level of market anticipation in highly competitive environments, where retaining customers is integral to survival.
AI-based bots will occupy a prominent role in customer relationship management in years to come. Businesses are burdened with huge amounts of data. Sifting through the noise in order to find relevant information is a herculean task. With the amazing rate of data growth, the burden only grows exponentially. Machine learning and predictive algorithms are developed to eliminate the guesswork in marketing decisions, leading to campaigns which are innovative, creative, and exciting.
Another emerging trend in customer relationship management is contextual CRM. More often than not, consumers view adverts as annoyances. To boost their appeal, products need to be marketed as a “best-friend brand.” This can be achieved with hyper-targeting, catering to micro-segments of customers, and giving the right messages to the right customers at the right time. This is the bread and butter of contextual marketing.
Edmund O’ Brien is the CEO of the Americas at Arvato Bertelsmann, overseeing the growth and execution of a multibillion-dollar business that delivers a host of BPO services including SCM, CRM, financial and IT solutions. To know more about him and his industry, visit this page.
Being a certified public accountant has many benefits, the least of which is that the skills acquired that are useful in everyday life. That said, many people are still unaware of the many reasons being a CPA is worth all the training and education.
Part of a select group: CPAs are treated differently than any other profession. This profession is known for its high-intensity courses; many people do not follow their educational track. Thus, those who do complete their training are held in great esteem. This plays a huge advantage when looking for a career. A proficient accountant usually has his or her leg up in many business and financial situations.
It is useful: As mentioned earlier, accounting is an essential skill. A lot of daily activities involve some form of basic accounting. This helps with maintaining a good credit score and managing one’s daily budget. The implications of these are astounding; those seeking for loans or any government assistance will find that a general knowledge of accounting is critical.
It is applicable: Practically all industries require an accountant. One can apply his or her skills in various markets. This means that there is never-ending growth in this career path. No task is ever the same and accountants get to interact with different types of people as he or she chooses. Those who are more extroverted can find new ways to learn other subjects while still doing their accounting tasks.
Accounting is a highly useful and essential skill. Those interested in a secure profession should consider this path.
A certified public accountant, Edmund O’Brien is the CEO of the Americas at Arvato Bertelsmann. For more on him, follow this Facebook page.
While some people may do anything to avoid tasks involving math and numbers, the plain truth is that math, especially accounting, is not only inescapable but also integral to everyday life. So instead of dodging accounting, the better tactic is to learn and appreciate the following essential life skills:
Basic accounting – One doesn’t jump into the most complicated aspects of accounting, after all. Every fledgling business owner, employee, or, really, anyone who has a budget to keep track of is doing accounting. It’s basically how one tracks his finances.
How to use accounting software – Once one has the basic principles down pat, it’s easier to look into using technology for bookkeeping. Aside from tables, one can even use visualization tools to see things more clearly. Microsoft Excel is one of the more standard tools used by professionals and regular folk, but there are many others available for computers and mobile devices.
How to speak the language – There are a lot of technical terms involved in accounting and words like “debit,” “credit,” and “taxation” will come up often. Even if one were to leave the work to an accountant, one should be able to understand what the accountant is reporting.
Just going through everyday life, one is bound to encounter accounting one way or another so it just won’t do to ignore the task. All one really needs is to get a basic understanding of accounting principles to track one’s income and expenses properly. This way, one can make educated decisions on how to proceed with one’s finances.
Eddie O’Brien is a certified public accountant and CEO of the Americas at Arvato Bertelsmann. Follow this Facebook page for more articles on business and accounting.